At what enterprise value was TKH FRANCE acquired in 2023?

During the acquisition of TKH FRANCE by ARGOS WITYU in 2023, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of TKH FRANCE when it was acquired by ARGOS WITYU?

The estimated EV/EBITDA multiple for TKH FRANCE is in the range of 5x - 12x.

When was TKH FRANCE acquired by ARGOS WITYU?

TKH FRANCE was acquired by ARGOS WITYU in 2023.

What was the revenue of TKH FRANCE at the time of the deal?

The revenue of TKH FRANCE at the time of the deal is estimated to be in the range of 100M - 200M EUR.

What was the EBITDA of TKH FRANCE during the acquisition?

TKH FRANCE's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the TKH FRANCE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the TKH FRANCE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://storage.tkhgroup.com/cms/assets/Press_release_TKH_-_Divestment_of_connectivity_activities_France_final65f191242e.pdf

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Home DatabaseTKH FRANCE

06/2023

TKH FRANCE acquired by ARGOS WITYU

FRANCE Construction / Finishing Works / Electrical EV 100M - 350M EUR

Context

Argos Wityu acquired a 60% majority stake in TKH France from its Dutch parent company, TKH Group. The seller reinvested EUR26.5M to retain a 40% minority stake. The deal, valuing the company at EUR118.5M, aims to decouple the French entity to allow for an autonomous buy-and-build strategy in smart buildings and nuclear sectors.

TKH FRANCE, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of .

Target

A leading French designer and distributor of smart cabling and connectivity solutions. The group provides technical infrastructure for tertiary and residential buildings, industry, maritime, offshore, and healthcare sectors. It specializes in data transmission and Corporate connectivity.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Similar deals in Construction

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
12/2023	MANAGEMENT & PRIVATE INVESTORS	ATELIERS DE FRANCE (FORMERLY MERIGUET-CARRERE)	FRANCE	Finishing Works
12/2023	NORD CAPITAL PARTENAIRES	GROUPE ROGER DELATTRE	FRANCE	Masonry & Civil Eng.
03/2023	BNP PARIBAS DEVELOPPEMENT / BPIFRANCE / BTP CAPITAL / ESFIN PARTICIPATIONS	GCC	FRANCE	Construction
11/2022	VEIDEKKE	CONSTRUCTA ENTREPRENØR	NORWAY	Masonry & Civil Eng.
11/2022	HAL HOLDING	ROYAL BOSKALIS WESTMINSTER	NETHERLANDS	Public Works
07/2022	BYGGPARTNER GRUPPEN	ÅHLIN & EKEROTH BYGGNADS	SWEDEN	Masonry & Civil Eng.
07/2022	BYGGPARTNER GRUPPEN	FLODÉN BYGGNADS	SWEDEN	Masonry & Civil Eng.
07/2022	PER AARSLEFF	TRYM ANLEGG	NORWAY	Railways
03/2022	ANDERA PARTNERS	GROUPE ERI	FRANCE	Finishing Works
12/2021	COLAS	DESTIA	FINLAND	Public Works

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TKH FRANCE by ARGOS WITYU are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: tkh france

Acquirer: argos wityu